So repairs are done at a fair price the same day/night.

As a PM, I'm authorized to make emergency repairs without owner permission.

Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

What is your draw fee & benchmarks for the repairs portion of the borrowed money?

At full occupancy, the cash flow I just keep in reserves for repairs or help pay the principal. 

Class C bought in 2023 on the East Side of Indy has not been great, repair calls 9 times out 12 months.

There is a 'comp' listed for $200,000, but it was sold as-is and needed great repair.

. - RentReady repairs & vacancies between tenants can blow any projected ROIs.2) Warren Buffet - go where others aren't.

Each of the 5 warehouses on this campus will require updates (construction of offices/bathrooms, roof repairs, paint, siding repairs, new penetrations for doors, updates to electrical, insulation, and extension of water and sewer). 

since purchasing the property with a 10% down portfolio loan through a local bank, I have done extensive repair work and renovations.